NEW YORK (TheStreet) -- Here are 10 things you should know for Friday, Oct. 11:
1.-- U.S. stock futures were rising Friday amid optimism that lawmakers in the U.S. will reach an agreement on raising the nation's debt limit to avoid a default.
European stocks were higher. Asian stocks ended Friday's session with gains. Japan's Nikkei 225 Index rose 1.5%
2.-- The economic calendar in the U.S. Friday includes the University of Michigan sentiment index for October at 9:55 a.m. EDT.
3.--U.S. stocks on Thursday surged after investors cheered a possible short-term agreement between Republicans and Democrats to raise the nation's borrowing limit.
The S&P 500 advanced 2.2% to 1,692.56, the benchmark's biggest jump since Jan. 2.
Investors will be on focused on how the bank is handling its mounting legal tab as well as a raft of new regulations and enforcement actions. 6.-- Wells Fargo (WFC)may post a 15th consecutive quarter of earnings-per-share growth, surpassing consensus expectations of a slight decline, as investors in the bank await signs of rising economic growth in the U.S. 7.-- BlackBerry (BBRY) founder and former co-CEO Mike Lazaridis is weighing a takeover of the struggling smartphone maker and has hired Goldman Sachs and Centerview Partners to advise on any strategic transactions.
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